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to beat president obama. a look at the war in afghanistan. now the longest war. how do we get out? does obama's policy differ from president bush's and what is the effect for generations to come? joe and mika and willie join in the conversation later this hour. we begin with the debt crisis. they are trying to make a deal on the deficit. houses of congress are rolling out separate compromises to safe off a default. harry reid is meeting with mitch mcconnell to craft a solution to appeal to both parties. according to reports, this would do the following. it would allow the debt ceiling to be raised three times for a total of $2.5 trillion. in exchange, some $1.5 trillion in spending cuts would be enacted. the plan would be established to identify new deficit cuts. proposal, already, getting a lukewarm response from the fellow republicans. among them, the freshman snar mark arubio and tom coburn. take a listen. >> it gives the president the ability to raise the debt limit. the debt limit isn't the problem. the problem is the debt. the plan, as outlined to me isn't a credible solution. >>
and afghanistan. and my belief that there is a smarter way to achieve our national security goals. and so, madam speaker, since that day i stood here in this spot to say over and over again that these wars are eroding our spiritual core. bankrupting us morally and fiscally. teaching our children that warfare is the new normal. i have delivered these speeches as a member of the majority and the minority when the president was a member of my party and when he was not, and today i am doing it for the 400th time. when i began the war in iraq was still quite popular. as was the president who launched it. but we spoke out anyway, refusing to bend on principle because we knew that we did not belong there. my colleagues, representative barbara lee and representative maxine waters and i, we called ourselves the triad, started the out of iraq caucus. we first -- forced the first house vote to bring our troops home. along the way i visited iraq, i tried and i learned on that trip and my opinion was confirmed against that very war, but at the same time it increased my admiration for our troops. gradually th
military engagements in iraq, afghanistan, and now libya. i speak of the need also of a new smart security to keep america safe. today will be my 399th speech. i look forward to reaching number 400 next week, and i will continue this until my last day as a member of congress, which gives me approximately 18 months, 1 1/2 years, time to bring our troops safely home. during this week, the week that the house is debating the appropriations, i thought it would be fitting to focus on more spending, on the staggering costs that taxpayers are being asked to bear for our military occupation. $10 billion a month is a lot of money, and that's the price tag for the privilege of continuing to wage a 10-year war against afghanistan. $10 billion a month. the american people who are writing that check have a right to ask and to get answers to some very important questions. where is that money going and what exactly is it accomplishing? what are we getting for our $10 billion a month? are we more secure here at home? is the afghanistan central government introducing the rule of law? have we not already de
and done, iraq and afghanistan will suck the treasury dry to the tune of at least $3.7 trillion. enough already. mr. chairman, the pentagon is like that teenager. you keep giving the kid the keys to the car and he keeps crashing it. it's time we cut him off. we must draw the line and we must draw it here. no more money for libya. no more continuance in libyan hostilities. i urge my colleagues, support this amendment. i yield back. the chair: for what purpose does the gentleman from texas rise? >> i move to strike the last word. the chair: the gentleman is recognized for five minutes. mr. poe: the gentleman says we have gone to war in the name of humanity. in other words, the president's war in libya is so that we can preserve humanity in libya. in the history of peoples, as the gentleman from california has pointed out, in the histories of countries, it has always been the king, the dictator, the tyrant, the chief, the leader that has sent that particular country to war. so when our ancestors got together and they formed a new and perfect union, they decided it would not be the leader,
services and a surge of combat vets from the iraq and afghanistan wars entering the system, the demand for v.a. health care services has increased dramatically in recent years. this bill provides $58.6 billion for v.a. discretionary funding, $2.3 billion over current funding. the bill also includes $52.5 billion in fy 2013 advanced appropriations for vets' medical care. one of the very few areas in which this bill provides an increase in funding is v.a. medical research, which is $72 million over the budget request to restore funding to the current level. with little room to maneuver on the v.a. side of the ledger, the vast majority of the savings in the bill comes from incrementing or defunding certain military construction projects. the bill provides $13.7 billion for military construction, $1 billion below the request. the milcon reductions in the bill are restricted to the active-duty components. the guard and reserve components, family housing, barrack and other accounts are fully funded at the president's request. every military construction project funded in this bill is authori
now. everybody wants to talk about the wars in iraq and afghanistan. george afghanistan. george bush left office, he left a deficit of under $1 trillion. that is an obama stimulus package for one year and that was enough to hold us in iraq and afghanistan for seven years. host: let's go to a democratic caller in brooklyn, new york. caller in brooklyn, new york. caller: i think the numbers of the other caller are totally false. obama should keep his footing in this situation. the republicans say they will walk away and limit the amount of money but they will talk about that is on the table is preposterous. it is showing that they are scared and they are finally realizing that obama has an understanding of the economy and he has an understanding and backing of the people. right now is the time to change the way we need to move forward in terms of fiscal responsibility and in terms of paying our bills. with john boehner trying to figure out which way his caucus will both and which -- vote, he will lose his job and we will not be able to rectify the things that are wrong with the economy
it into perspective, let's take a look at how hot it's going to be in afghanistan. it's going to be 106 in cann kandahar. take a look at this. these are the highs for iraq for today. it's going to be 108 in mosul and 110 in baghdad and 112 in basrah. remember when you're out there wearing a t-shirt, the men and women over there are in full gear. with camouflage, hard to see them. the nfl lockout appears close to an end. they will meet to discuss approving a deal that could probably bring the lockout to a close. players from 32 teams voting, same thing perhaps on thursday and then quickly start sweating in pads. the one issue that appeared to be resolved, a billion dollars put aside to the guys who made very little money and really pioneered the game. the retired players. and tiger woods is finally collecting money but not from the golf course. a former mistress is having to return most of the $10 million in hush money she gave the pro because she reportedly spoke out to tmz and she also -- she also had spoke to "celebrity rehab" where she was trying to get cured of her addiction to love. so i'm
a reason why we are in iraq and libya and afghanistan. but having said that, let's face it, it would be ridiculous to assume that i'm making an appeal for democrats when what i'm talking about is those people who are vulnerable. because of our financial center cause people to lose their homes, it wasn't just democrats, there were democrats, republicans, independents, and those that have no faith in government that woke up in the morning, they lost their jobs, they lost their home, they lost their pension funds, they lost their savings, they had to pull their kids out of school, they lost their self-esteem, some lost their homes. i don't remember anywelfare reform we are talking about people that are registered democrats. these are americans that are expected -- that expected more from their government than just saying that we will be able to address your deeds in the by and by. and the very people that are aged, god knows we are not talking about a party label. we are talking about our sick or we are talking about medicaid, we are talking about medicare, when we talk about social sec
in afghanistan and iraq and not really cutting the deficit. we're boring 40 cents on the dollar for every dollar that we spend in washington. and we cannot keep doing this. one thing i like to see is the repeal of obamacare. that alone would save us $2.5 trillion in the next 10 years. as far as the reid plan, i like to see him get it through the senate. i did not think that it would pass. host: couple we go to an independent in michigan, here is what the "new york times calls " says this morning. go ahead. caller: i called my representative yesterday and asked him to work with the president to compromise and make sure that the debt ceiling is raised over into 2013. this is destroying our economy. host: where do you see compromise? caller: th reid plan has cuts and take this off the table until 2013. i think that that makes sense. host: so you do not agree with republicans on this. caller: i do not. there is trillions of dollars being cut. let's take this and we don't want to make this something that the rest of the world is going to use against us. our dollar is worth nothing in the last 10 year
misspent in iraq and afghanistan over a 10-year period. the "wall street journal" reporting they include $300 million for u.s. agency, agricultural development project with a "burn rate" of million dollars a day that paid afghan farmers to work in their own field, it covers subcontractors in eastern afghanistan, paying 20% of the contract to insurgents for protection and touches on cases where host government was unable to sustain a project like costly water treatment plant in iraq that produced murky water and lacked power and construction of afghan military economy that would cost $40 million to operate and maintain, far beyond what the afghan government could afford. 75% of the total contract dollars spent to support operations in iraq and afghanistan have gone to just 23 major contractors. the federal work force assigned to oversee the contracts hasn't grown in parallel with the massive growth of wartime expenditures. read more about that in the "wall street journal" this morning. one more tweet, if i can, just to finish off the discussion. adding this from darrell price, saying: an
or afghanistan. at one point the c.i.a. director, leon panetta, speculated that if osama bin laden had been captured alive, he would have been sent to guantanamo. over time, it became clear that the administration did not have a policy in place that could address this circumstance. and so without a straight answer, we were left in the dark on how this administration would handle an enemy combatant captured overseas. finally after waiting 18 months, i think we have our answer. as was disclosed yesterday, he has been in military custody for months during which time he has been interrogated by various law enforcement agencies. however, now he has been read his miranda rights. this is a somalian terrorist captured overseas has now been read his miranda rights. why? why? why is a man who is a known terrorist and member of the united states -- and enemy of the united states being afforded the protections of an american citizen? and now he is in the hands of civilian authorities and will be given all the rights according to a u.s. citizen in a civilian court. it is truly astonishing that this admi
who lost his life when his offspring helicopter tragically went down in afghanistan. and now his family and friends have found a way to honor his life and sacrifice through an annual event that is now used to raise funds for a college scholarship awarded to students at eden prairie high school where randy graduated in 1985. in addition to this scholarship, his run seeks to raise awareness of the contributions of our men and women in uniform that they make every day to keep america free. the major may not live us but his memory lives on through his family and friends and his community and through the scholarships through the local high school students that share his values. i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentleman from ohio rise? mr. kucinich: mr. speaker, i ask permission to address the house for one minute. the speaker pro tempore: the gentleman from ohio is recognized for one minute. mr. kucinich: as congress struggles to come up with this deal over government debt, we all know that all we had
every month for military operations in afghanistan alone to prop up a corrupt and incompetent karzai government. how about ending wasteful subsidies to big agriculture companies? how about asking billionaire hedge fund managers to pay the same tax rates as their secretaries? the truth is that the best way to deal with our long-term fiscal situation is to grow our economy. that means creating jobs and putting people back to work. the last election i thought was about jobs. we haven't talked about jobs at all since the new republican majority became -- came to power. that means investing in things like education and infrastructure and green technology and medical research. that's the kind of economic future the american people deserve. the boehner default plan would take us exactly in the wrong direction and urge my colleagues on both sides of the aisle to reject it. i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentleman from california has 5 1/2 minutes remaining. the gentleman is recognized. mr. dreier: mr
a loved one in afghanistan. ethan and stephanie, bowing here at arlington cemetery, lost their father on may 12 of this year. the sergeant, who was stationed at camp lejeune marine base, and another was sent with the mission to train afghan citizens to become police. the men had just sat down to dinner when a rogue trainee opened fire killing both men. in an email to his wife the day before he died, the sergeant said, and i quote, i don't trust them. i don't trust them for anything, not anything at all. this brings me to a quote from a.c. snow's recent column tiled "time to bring them home: let them live." mr. snow is a well-known correspondent in north carolina. and i quote, it seems we never run out of wars. it is as if one small country after another sends out a grave's invitation reading, we're having a war, please come. and uncle sam borrows millions to offer freedom our nation building. mr. speaker, i go back to the two little girls in this picture. how many more children will be at the grave site of a loved one? how many more have to known the pain of war? i further quote from
a group of army soldiers who were returning home from the front lines in afghanistan with a bill for almost $3,000 or $200 a piece for each soldier to check four bags on a scheduled domestic flight. americans were right low outraged by the incident -- rightly outraged by the incident which was posted in a youles tube video. the fourth bag, for which he was charged $200, contained an import carbine rifle, a .9 millimeter pistol. a spokesman for the veterans of foreign wars told the associated press the fees were the worst welcome home any soldier could receive. the shock of even being charged is enough to make service men and women simply shake their heads and wonder who or what it is they are protecting, end quote. members of the armed forces who are serving our country on the front lines should not endure personal financial hardship when they are traveling to or returning from war zones. yet, the media's reporting of the incident last month showed that major u.s. carriers were applying the same or similar policies across the board. airlines were charging soldiers to check four r
on a firing line somewhere in afghanistan realizing today could be their last day on this earth so america can live to see another day. that's how serious the consequences are. so, mr. president, i would suggest that instead of being paralyzed by our analysis of where we differ, let's become analysis of where we find common ground and we do on not raising the debt ceiling. we know we should raise it. we know we can find up to $2.8 trillion, and hopefully more, in cuts in the deficit and spending over time. we know for a fact we have to extend the debt ceiling to some point in time. and if it's passed -- past the presidential election of 2012, let's ensure that each body in regular order can vote on a constitutional amendment to balance the budget. which leaves us with one difference and that difference is what is the enforcement mechanism on the $1.8 trillion cut that the joint committee, equally divided, is supposed to come on? i submit we can find the common ground to find the silver bullet that causes that to happen. and i would encourage all of us to forget now where we differ, to recogniz
in afghanistan in a strategy of nation building that is not the best use of our national security, not the best use of our soldiers who are there to fight for our national security, but those are decisions that were made in the past. and we must pay the bill on those decisions even when i disagreed with them. and then we need to put together a plan that takes on our deficit and our debt, and that plan has to put all of the options on the table. some of my colleagues across the aisle, they said, well, we want to protect the tax spending programs where we've tucked in tax provisions for the wealthy and the well connected. we want to defend those. we don't want to touch those for the best-off americans. but we want to cut the programs for working americans. that is unacceptable. we have seen enormous increase in the disparity between the wages and welfare of our citizens in general and the best-off becoming much, much wealthier proportionately. we can't continue to say that we're going to protect the well-connected while attacking working families. that's not the america we want to build. we want
, for example, thel war in afghanistan are committing the united states of america to spending $10 billion a monthhis em gomen in uniform. cin members of a family who are ovei there waging this war. they voted for that. money president obama has said toe m them, the bill is coming in for the war inre afghanistan. sayine i have to very money to pay for it. fo fo houseeb and senate who voted for the war not to understand say wr won't pay the bills.nistan. we want allow you, mr. president to sustain our military force io afghanistan. that is literally what we'ren do taught about here in this debate. the american people are turning to come to understand it because when you first ask a person, tht obvious answer is no, are you crazy, senator? by what i want one of them in this country? we need more less stack, notts e more. when you go to the point ofjusto explaining that this is to pay d for things we authority -- that's the authority incurred, it isn't just a wage of war. 65a it is a debt incurred to pay fot medicare. we staaidl a to 65-year-olds acr america, you get medicare that will be the
and afghanistan and places around the world. there has to be hope. the reason why i know there is hope is because my own industry, the energy industry, just created a program for veterans who jobs through the energy industry. i'm asking them to create one for 18 to 35-year-olds. businesses are still alive and well. the financial services, the banking entity must be involved in providing access to credit for our smaller businesses who are creating jobs. we are alive and well. and so i believe what we should do is to go forward with a package that is reasonable. that lifts the debt ceiling as we did for everyone else. i would vote for a clean debt ceiling. lift it up. then begin to with great common sense plan our budget and our cuts. mark zahny -- zandi has said that. an economist who worked for a number of republicans, such as john mccain, former presidential candidate. why are we trying to reinvent the wheel? all economists will say, you don't make immediate cuts in this fiscal year, you project them out. just like budget and household. they move out. they do what they are going to do for the mo
these savings from withdrawing from iraq and afghanistan. and essential education, job creation, housing, and environmental investments where america's economic recovery and for our strong economic future would be protected from the slashing cuts proposed by the house republicans. the irony is, republican leaders previously have backed all the spending reductions called for in leader reid's plan. now, i don't agree -- and i suspect all of us don't agree with all aspects of this proposed solution. but we're not going to have 100 solutions on this floor. we're going to have one that we can vote on. i wish this would have included new revenue, especially by ending such costly and outdated tax benefits as those still enjoyed by the biggest oil companies to help us pay off our debt even more quickly. i'd like to help pay for the debt incurred by the inexcusable earlier decisions to enter two wars without paying for them. and i continue to believe the surcharge for the wealthiest would mean that they would pay more of their fair share after so many years of tax cuts that have tilted far more t
have or do that wouldn't have to raise the debt ceiling. one is the iraq and afghanistan war, it's george bush's war. i think what we need to do is go after george bush, dick cheney, and donald rumsfeld and let them pay for their wars that they got us into. the second thing is that we need to stop sending our money overseas and start helping our own people. the third thing is that all of these senators and congressmen that are making making $170,000 a year and making these poor choices, if they would be making $40,000, $50,000 a year, every one of their dumb decisions that they make wouldn't only affect us but it would affect them. host: thank you for your call. next up is royal oak, michigan. this is eugene a republican. good morning. caller: yes. i am calling in regards -- i'm very disappointed in boehner. i was going to send him some money, but now i'm not. i gave allen west some money, and i'm getting disappointed in him for him caving. i can't understand why the mainstream press insists on sending the republicans -- saying the republicans are at fault all the time when they
means for funding troops in afghanistan. this morning many soldiers are asking, will we get paid? >>> good morning, everyone, i'm alex witt. welcome to msnbc saturday. we're approaching 10:00 a.m. on the east coast, 7:00 a.m. out west. congress has set itself up for a day of infighting today as the debt deadline draws dangerously close. the senate will start its session at 1:00 p.m. eastern and it's planning to debate a debt bill for at least 12 hours before holding a t
ten years and the expected savings from the drawdown from the wars in iraq and afghanistan is how they are calculating what they can save and the republicans are not happy about that and that is where the divide is. the real fight right now is trying to see where the winds are blowing with what is called the boehner plan. we don't know exactly when that vote will be taken, because there is a lot of head counting going on and maybe some arm twisting, too, to figure out if they can get it through. should it not pass, we are into another whole scenario of what to do next. >> kelly o'donnell on capitol hill. thanks. we want to bring in kristen welker at the white house. kristen, jay carney, the white house press secretary says that he does not believe that the default will happen. as we hear from the two sides both agreeing that the debt limit needs to be raised, it is inevitab inevitable. >> it is the one thing that all sides can agree on here, and you are right, the press secretary jay carney says he has complete faith that the debt ceiling will be raised by next week, but the big q
. not only as we wind down the two wars in afghanistan and iraq, i think as a general principle, we have to have a much more what i would call in mechanical factor on our resources, regardless of which branch of the service we are talking about. keep the military strong, make sure we are protecting our veterans, which we have not done a very good job at. i don't think we need the amount of money we're spending now for every military -- every apparatus we can think of. i don't think we can continue down that trail any longer. we cannot afford it and we don't need it. host: congressman bill pascrell is with us for another 15 minutes. republican -- helen, republican line. guest: good morning, helen. caller: i used to be a substitute teacher. the school i had had supplies. it was blessed. but the administration in our county is bloated, its bloated. because i was a substitute teacher, i listened. there is so much administrative and bureaucratic money wasted on education. but you holler, oh, the poor children and teachers, which is correct, but so much money is wasted in bureaucracy -- wasted
on the home of someone serving in a rack or afghanistan. -- in iraq and afghanistan. host: why did they see this as an area that need to be filled? guest: the problem has been wrapped up in the general difficulties. it turns out a lot of homes have gone into -- a lot of people have gone into default of mortgages. some companies are better than others at collecting monthly payments and keeping track of paperwork. the ones have proved not to be so good at it have caught service members in the riptide. we have not gotten your payment, we over charge them. foreclosure. that sort of thing going on. this has been a politically embarrassing process of writing wrongs done against members of the military in active duty. host: gym as white as a deployed serviceman and against paying his mortgage -- jim asked why a deployed servicemen against paying his mortgage? guest: he is not exempt against paying his mortgage. is exempt against being foreclosed on. as it has been explained to me, a service member might be in the field for a week or two and have virtually no contact with the outside work force the
of iraq and afghanistan, it would take a serious look out of social security and medicare and in many cases contributing to this deficit. and it would say that those who benefit from ethanol subsidies and oil company tax breaks, the wealthiest people in this country would have to pay a little bit more to pay their fair share. something like that is what should be on the floor here this afternoon because it can pass, the president can sign it and it can solve the fiscal problems of this country or take us in the right direction. but we don't have something like that. instead we have a plan that says the following and puts it in the constitution, the guy who runs an ethanol company who gets massive public subsidies can make profits is completely left alone. he doesn't have to do anything. but for the woman who cleans his office at night is going to have to pay more to go to college, more for health care for herself, her children and her parents and more for just about anything she wants in her life. there's something wrong with that picture. sacrifice that is broadly shared is needed in
looks into counter narcotics operations in afghanistan. live coverage on c-span3 c- span.org. . >> this weekend on c-span2, literacy, economics, humor. malcolm x and the obama administration. few of the panels from our haarlem book festival. barack."er i what you try to do with your stolen moon rocks? don't try to sell them on line. sign up for book tv alerts. >> "the supreme court" is now available as a standard and enhanced e-book and tells the story to the eyes of the justices themselves. 11 original c-span interviews with current and retired justices. this new e-but includes an interview with the new supreme court justice, elena kagan. watch multimedia clips from all the justices. available now where every e- books are sold. >> revisit the civil war this weekend on american history tv on c-span 3. sunday we are live from the manassas national battlefield and the hundred 50th anniversary of the battle of bull run. lincoln and his transformation into a wartime commander in chief. what civil war programs throughout the weekend. peter carmichael looks at the social, polit
in afghanistan celebrate the 4th of july with general petraeus, his last holiday in uniform before becoming the director of the c.i.a. and we thank all of our troops and their fells -- their families and troops for their sacrifice. >> thank you for watchingod
to the president of the united states, as an example, we want you to continue to wage war in afghanistan at the cost of $10 billion a month, this president knows that he will have to borrow about $4 billion a month to meet that congressional appropriation. you see, we borrow about 40 cents for every dollar we spend. similarly, when it comes to the payments that we make to our veterans, who are disabled, we have promised them we will pay you, because you served our country and you lost a limb or you were injured and we will compensate you for that loss for the rest of your life. we need in making that commitment that we're also making a commitment to borrow the money necessary to do it. so periodically a president will come to congress and say, i understand our obligations which you have sent to me and i have approved, and now i ask you to extend my authority to borrow the money to meet those obligations. that has happened 89 times since 1939. since we passed this law, presidents of both parties have come to congress and asked for that authority. and aceman as i mentioned, not d congress
with bills and insurance companies. soldiers, in too many cases returning from iraq and afghanistan, are facing even greater challenges in the working market. i was at youngstown university talking, there are programs there, there's a group through magnet in youngstown in northeast ohio about putting -- getting -- helping soldiers and sailors and marines leaving the service, integrating into the classroom and helping them find jobs in that region, someplace we've fallen woefully short. manufacturing, which was moving along steadily earlier this year, we had seen 12, 13, 14, 15 months of job growth in manufacturing, not enough job growth but some, that's even slowing down. steps taken through the auto rescue and other things we did in the last couple of years dealing with this terrible, terrible recession created in 2007 and 2008 the auto rescue saved millions -- auto rescue and other efforts saved millions of americans from joining the unemployment rolls and we're seeing a better auto industry, an auto industry coming back, especially in places like defiance and toledo and northwood
and afghanistan, saving $1 trillion in the process. our troops in the middle east deserve our admiration and praise for so successfully carrying out their missions. we must, however, continue to press for a strategy that will bring our troops home as soon as we safely can. the reid deficit plan would find an additional $40 billion in savings by cutting fraud and abuse in tax compliance and a number of non-defense federal programs and $60 billion in other savings, including cutting unnecessary spending on agricultural subsidies and auctioning off electromagnetic spectrum that the government currently holds. finally, by cutting the government by over $2 trillion, we'll have to borrow less money than anticipated and that will save an additional $400 million -- sorry, $400 billion in projected interest costs. in total, the senate democratic plan on which we will vote would cut the deficits by $2.7 trillion over the next ten years. while senator reid's proposal would not address the tax gimmicks and loopholes throughout our tax code that help favor the well-connected, this omission does not m
and distinction in iraq and afghanistan would feel that way to draw back on the benefits that they earned. during the bush years our country spent $1.5 trillion in iraq and national defense. the turnaround in our budget picture during the bush years was remarkable. in october of 2008, cnn reported that the debt clock had run out of numbers. the debt clock actually had exceeded 13 digits that had been allotted to the clock and had to be revised. according to one report at the end of the bush term, the number of jobs in the nation increased by 2%. that's the lowest at anytime since data began to be collected seven decades ago. gross domestic product was at the lowest pace since the truman administration, and the price that america has paid for the theology that suggested during all of those years that tax cuts pay for themselves. you can't find a mainstream economist in this town today who will acknowledge that argument. and yet we hear now more tax cuts for the wealthiest americans. by the time that the bush years ended, the debt had increased to $10.6 trillion, setting a record for any administra
to die. these needs last long after the last american combat ants depart iraq and afghanistan. this motion to recommit would simply protect our veterans from any potential unintended consequence resulting from this ill-conceived bill, the so-called cut, cap and balance act. the needs of america's veterans should be one of our highest priorities and this motion will ensure that our veterans are taken care of and that they receive the benefits they have earned. let's be clear, the passage of this motion to recommit will not prevent the passage of the underlying bill. this amendment is adopted, it will be incorporated into the bill and the bill will be immediately voted upon. so though we may disagree on the bill, today we have the opportunity with this motion to recommit and my amendment to speak with one voice in support of our veterans. it is up to all of us, i urge you to vote yes on this motion to recommit. but let's make sure that if this bill as its -- passes, the cut, cap and balance and any balanced budget will not result in a reduction of veterans benefits. vote yes on
and afghanistan, or raising the debt ceiling. i grant that, but we are talking about something that is profoundly troubling and disturbing. for millions of americans, it is also a necessary. i mean, i thought what we were meant to do is try to clear up problems here. 10 years ago, the telephone industry said they will clear up the problems because they make us look bad if we do not, therefore you could trust us to do it, and they did not. all i am saying is we are going to stick with this. the sec stated yesterday that they are seeking comment on whether a band third party billing -- banned third-party billing -- they have settlements, the ftc, but that this stuff that is already done, and that is an admission of guilt. i am not a lawyer, but that is the way i read it. anyway, in the near future, i plan to introduce, working with colleagues from both sides of the aisle, legislation that will put a side -- stop to this because i simply cannot find any grain of sense in us having to have a hearing like this. and and, to have -- and to have all of you, you have not gone off of the -- gotten out of t
raging abroad in iraq and afghanistan, also unpaid for. and a new entitlement program passed in the past congress unpaid for. and a wall street that instead of being a free market was a free-for-all market. you put that all together and that's what we're coming out of. so i'm wondering, you know, your answer to me suggests that there isn't anymore monetary policy that is going to come forward that could in essence seek a more faster, more robust recovery with a greater job growth? >> well, as i said in my, in my testimony, we, given that there's a lot of uncertainty how the economy will evolve, we have to keep all options, both for tightening and for easing on the table. we're doing that. but, again, we are already providing an exceptional amount of accommodation and, as you know, recovery is still pretty slow. >> now i want to turn to the question of the debt ceiling. i know you discussed that quite a bit. i find it interesting under president bush's years, he raised the debt ceiling to the tune of about $5.4 trillion, during his period of time. i didn't hear the same comments then that
afghanistan and iraq is just not credible. we don't know what the obstacles are going to be in afghanistan and possibly iraq. we also don't know what we might have to do in the middle east going forward. afghanistan is not settled, mr. president, and we have to have a certain level of stability on the ground in afghanistan or we will have wasted the billions that we have already spent and the lives of our military personnel in afghanistan because it will go back to the way it was before, a center for terrorism that will come to our country or can come to our country. it did once already and we have been over there to try to wipe out al qaeda and the taliban, which has been in league with al qaeda. we have been over there losing american lives and spending american taxpayer dollars to protect our country from another 9/11. to say that we're going to cut $1 trillion in the future over the next ten years when we aren't placing the emphasis on what are the conditions on the ground is not sound policy and it's certainly not sound national security policy. so that's illusory. and then the other
voting, for example, on the war in afghanistan, they are committing the united states of america to spending spending $10 billion a month in defense of our men and women in uniform, members of our family who are over there waging this war. they voted for that. now president obama has said to them the bill's coming in for the war in afghanistan, i have to borrow money to pay for it. and these same members of congress, house and senate, who voted for the war in afghanistan are now saying we won't pay the bills, we won't extend the debt ceiling, we won't allow you, mr. president, to borrow the money to sustain our military forces in afghanistan. that is literally what we're talking about here in this debate. the american people are starting to come to understand it because when you first ask a person do you want to extend the debt ceiling, the obvious answer is no, are you crazy, senator? why would i want more debt in this country? we need less debt, not more. don't you get it? understandably, that's the public reaction, but when you go to the point of explaining that this is to pay
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